As of 10/07/2024
  Indus: 41,954 -398.51 -0.9%  
  Trans: 15,783 -31.37 -0.2%  
  Utils: 1,027 -24.05 -2.3%  
  Nasdaq: 17,924 -213.95 -1.2%  
  S&P 500: 5,696 -55.13 -1.0%  
YTD
 +11.3%  
-0.7%  
 +16.5%  
 +19.4%  
 +19.4%  
  Targets    Overview: 09/30/2024  
  Up arrow43,500 or 41,600 by 10/15/2024
  Up arrow16,800 or 15,700 by 10/15/2024
  Up arrow1,125 or 1,025 by 10/15/2024
  Up arrow19,000 or 17,600 by 10/15/2024
  Up arrow5,900 or 5,600 by 10/15/2024
As of 10/07/2024
  Indus: 41,954 -398.51 -0.9%  
  Trans: 15,783 -31.37 -0.2%  
  Utils: 1,027 -24.05 -2.3%  
  Nasdaq: 17,924 -213.95 -1.2%  
  S&P 500: 5,696 -55.13 -1.0%  
YTD
 +11.3%  
-0.7%  
 +16.5%  
 +19.4%  
 +19.4%  
  Targets    Overview: 09/30/2024  
  Up arrow43,500 or 41,600 by 10/15/2024
  Up arrow16,800 or 15,700 by 10/15/2024
  Up arrow1,125 or 1,025 by 10/15/2024
  Up arrow19,000 or 17,600 by 10/15/2024
  Up arrow5,900 or 5,600 by 10/15/2024

Patterns for the Weekend Details

Copyright © 2023 by Thomas Bulkowski and ThePatternSite.com. All rights reserved.

 

Weekly screen for chart patterns found in the last week. Many may be still in development. If no securities appear, then I have not identified any new patterns.

Definitions
RS is relative strength (where 1 is best). For other definitions, see the glossary.
'Breakout is upward/downward 100% of the time' means price breaks out up/down by definition, not by statistically measuring the rate.
All numbers assume a bull market and are based on the breakout direction that occurs most often.
For more information, consult my book, Encyclopedia of Chart Patterns.
 
Alteryx, Inc (AYX)
Industry: Computer Software and Svcs
Industry RS rank: 49 out of 60
Stock RS rank: 428 out of 625
3/9/23 close: $60.92
1 Month avg volatility: $2.64. Volatility stop (for downward breakout): $71.10 or 16.7% above the close.
Change YTD: 20.23%
Volume: 1,906,800 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Eve and Adam reversal pattern from 02/14/2023 to 03/06/2023
Breakout is downward 100% of the time.
Average decline: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

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Anika Therapeutics Inc (ANIK)
Industry: Biotechnology
Industry RS rank: 21 out of 60
Stock RS rank: 141 out of 625
3/9/23 close: $26.91
1 Month avg volatility: $1.33. Volatility stop (for downward breakout): $30.22 or 12.3% above the close.
Change YTD: -9.09%
Volume: 87,400 shares. 3 month avg: 71,871 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Dead-cat bounce continuation pattern from 03/07/2023 to 03/07/2023
Breakout is downward 67% of the time.
Average decline: 18%.

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Apogee Enterprises (APOG)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 25 out of 60
Stock RS rank: 199 out of 625
3/9/23 close: $44.98
1 Month avg volatility: $1.07. Volatility stop (for downward breakout): $47.97 or 6.7% above the close.
Change YTD: 1.17%
Volume: 73,500 shares. 3 month avg: 243,183 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Double Top, Eve and Adam reversal pattern from 02/03/2023 to 03/03/2023
Breakout is downward 100% of the time.
Average decline: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

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Apple Inc. (AAPL)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 40 out of 60
Stock RS rank: 432 out of 625
3/9/23 close: $150.59
1 Month avg volatility: $2.85. Volatility stop (for upward breakout): $144.52 or 4.0% below the close.
Change YTD: 15.90%
Volume: 53,450,400 shares. 3 month avg: 27,687,312 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.
 
Chart pattern: Pipe bottom reversal pattern from 02/21/2023 to 02/27/2023
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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ArcBest Corp (ARCB)
Industry: Trucking/Transp. Leasing
Industry RS rank: 6 out of 60
Stock RS rank: 57 out of 625
3/9/23 close: $99.21
1 Month avg volatility: $3.74. Volatility stop (for downward breakout): $110.03 or 10.9% above the close.
Change YTD: 41.65%
Volume: 195,200 shares. 3 month avg: 234,063 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Roof, inverted reversal pattern from 02/08/2023 to 03/09/2023
Breakout is downward 50% of the time.
Average decline: 17%.
Break-even failure rate: 10%.
Pullbacks occur 56% of the time.
Price hits measure rule target 73% of the time.

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Avery Dennison Corp (AVY)
Industry: Packaging and Container
Industry RS rank: 45 out of 60
Stock RS rank: 473 out of 625
3/9/23 close: $175.00
1 Month avg volatility: $3.86. Volatility stop (for downward breakout): $188.17 or 7.5% above the close.
Change YTD: -3.31%
Volume: 400,900 shares. 3 month avg: 661,129 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.
 
Chart pattern: Triangle, descending reversal pattern from 02/07/2023 to 03/06/2023
Breakout is downward 64% of the time.
Average decline: 16%.
Break-even failure rate: 16%.
Pullbacks occur 54% of the time.
Price hits measure rule target 54% of the time.

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Axis Capital Holdings Ltd (AXS)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 14 out of 60
Stock RS rank: 275 out of 625
3/9/23 close: $57.10
1 Month avg volatility: $1.04. Volatility stop (for downward breakout): $60.15 or 5.4% above the close.
Change YTD: 5.41%
Volume: 499,700 shares. 3 month avg: 808,385 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 01/27/2023 to 02/09/2023
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

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Everest Re Group Ltd (RE)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 14 out of 60
Stock RS rank: 50 out of 625
3/9/23 close: $368.16
1 Month avg volatility: $8.18. Volatility stop (for downward breakout): $396.88 or 7.8% above the close.
Change YTD: 11.14%
Volume: 354,000 shares. 3 month avg: 566,686 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 02/09/2023 to 03/01/2023
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

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Expeditors International of Washington (EXPD)
Industry: Air Transport
Industry RS rank: 38 out of 60
Stock RS rank: 233 out of 625
3/9/23 close: $110.31
1 Month avg volatility: $2.39. Volatility stop (for upward breakout): $105.40 or 4.5% below the close.
Change YTD: 6.15%
Volume: 1,385,800 shares. 3 month avg: 1,055,643 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe bottom reversal pattern from 02/21/2023 to 02/27/2023
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Fiserv, Inc (FISV)
Industry: IT Services
Industry RS rank: 34 out of 60
Stock RS rank: 222 out of 625
3/9/23 close: $115.41
1 Month avg volatility: $2.16. Volatility stop (for downward breakout): $122.78 or 6.4% above the close.
Change YTD: 14.19%
Volume: 2,742,100 shares. 3 month avg: 915,811 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Diamond top reversal pattern from 02/08/2023 to 03/01/2023
Breakout is downward 69% of the time.
Average decline: 21%.
Break-even failure rate: 6%.
Pullbacks occur 57% of the time.
Price hits measure rule target 76% of the time.

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Genworth Financial Inc (GNW)
Industry: Insurance (Life)
Industry RS rank: 32 out of 60
Stock RS rank: 17 out of 625
3/9/23 close: $5.92
1 Month avg volatility: $0.21. Volatility stop (for downward breakout): $6.61 or 11.6% above the close.
Change YTD: 11.91%
Volume: 4,848,800 shares. 3 month avg: 4,022,160 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 02/15/2023 to 02/27/2023
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

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Global Payments Inc (GPN)
Industry: Computer Software and Svcs
Industry RS rank: 49 out of 60
Stock RS rank: 572 out of 625
3/9/23 close: $105.21
1 Month avg volatility: $2.88. Volatility stop (for downward breakout): $115.19 or 9.5% above the close.
Change YTD: 5.93%
Volume: 1,296,000 shares. 3 month avg: 1,112,569 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 02/02/2023 to 02/15/2023
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

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Google (GOOGL)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 3 out of 60
Stock RS rank: 560 out of 625
3/9/23 close: $92.32
1 Month avg volatility: $2.52. Volatility stop (for upward breakout): $86.86 or 5.9% below the close.
Change YTD: 4.64%
Volume: 28,460,300 shares. 3 month avg: 1,574,874 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Pipe bottom reversal pattern from 02/21/2023 to 02/27/2023
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Graco Incorporated (GGG)
Industry: Machinery
Industry RS rank: 11 out of 60
Stock RS rank: 257 out of 625
3/9/23 close: $69.10
1 Month avg volatility: $1.23. Volatility stop (for downward breakout): $72.88 or 5.5% above the close.
Change YTD: 2.74%
Volume: 636,100 shares. 3 month avg: 251,886 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Triangle, descending reversal pattern from 02/09/2023 to 03/09/2023
Breakout is downward 64% of the time.
Average decline: 16%.
Break-even failure rate: 16%.
Pullbacks occur 54% of the time.
Price hits measure rule target 54% of the time.

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Griffon Corp (GFF)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 25 out of 60
Stock RS rank: 198 out of 625
3/9/23 close: $35.60
1 Month avg volatility: $1.16. Volatility stop (for downward breakout): $39.34 or 10.5% above the close.
Change YTD: -0.53%
Volume: 544,200 shares. 3 month avg: 83,558 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 01/18/2023 to 02/16/2023
Breakout is downward 100% of the time.
Average decline: 22%.
Break-even failure rate: 4%.
Pullbacks occur 50% of the time.
Price hits measure rule target 55% of the time.

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Harsco Corp (HSC)
Industry: Diversified Co.
Industry RS rank: 10 out of 60
Stock RS rank: 35 out of 625
3/9/23 close: $7.75
1 Month avg volatility: $0.44. Volatility stop (for downward breakout): $8.98 or 15.9% above the close.
Change YTD: 23.21%
Volume: 771,200 shares. 3 month avg: 523,465 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Horn top reversal pattern from 02/13/2023 to 02/27/2023
Breakout is downward 100% of the time.
Average decline: 21%.
Break-even failure rate: 7%.
Pullbacks occur 33% of the time.
Price hits measure rule target 70% of the time.

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Haynes International Inc. (HAYN)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 25 out of 60
Stock RS rank: 24 out of 625
3/9/23 close: $55.21
1 Month avg volatility: $2.20. Volatility stop (for upward breakout): $50.42 or 8.7% below the close.
Change YTD: 20.84%
Volume: 81,100 shares. 3 month avg: 80,035 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 01/24/2023 to 02/28/2023
Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price hits measure rule target 66% of the time.

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HNI (HON Industries) (HNI)
Industry: Furn/Home Furnishings
Industry RS rank: 15 out of 60
Stock RS rank: 509 out of 625
3/9/23 close: $28.03
1 Month avg volatility: $1.04. Volatility stop (for downward breakout): $30.54 or 9.0% above the close.
Change YTD: -1.41%
Volume: 902,900 shares. 3 month avg: 239,735 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 02/03/2023 to 03/03/2023
Breakout is downward 100% of the time.
Average decline: 22%.
Break-even failure rate: 4%.
Pullbacks occur 50% of the time.
Price hits measure rule target 55% of the time.

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Horton, D.R. Inc. (DHI)
Industry: Homebuilding
Industry RS rank: 1 out of 60
Stock RS rank: 42 out of 625
3/9/23 close: $94.94
1 Month avg volatility: $2.16. Volatility stop (for upward breakout): $89.73 or 5.5% below the close.
Change YTD: 6.51%
Volume: 4,927,100 shares. 3 month avg: 4,390,840 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Broadening bottom reversal pattern from 02/22/2023 to 03/03/2023
Breakout is upward 53% of the time.
Average rise: 27%.
Break-even failure rate: 10%.
Throwbacks occur 41% of the time.
Price hits measure rule target 59% of the time.

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Hovnanian Enterprises Inc (HOV)
Industry: Homebuilding
Industry RS rank: 1 out of 60
Stock RS rank: 8 out of 625
3/9/23 close: $68.34
1 Month avg volatility: $3.73. Volatility stop (for upward breakout): $60.75 or 11.1% below the close.
Change YTD: 62.40%
Volume: 61,800 shares. 3 month avg: 1,539,280 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe bottom reversal pattern from 02/13/2023 to 02/21/2023
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Intel Corporation (INTC)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 12 out of 60
Stock RS rank: 538 out of 625
3/9/23 close: $26.44
1 Month avg volatility: $0.80. Volatility stop (for downward breakout): $28.59 or 8.1% above the close.
Change YTD: 0.04%
Volume: 54,824,400 shares. 3 month avg: 27,019,903 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.
 
Chart pattern: Scallop, descending continuation pattern from 02/15/2023 to 03/06/2023
Breakout is downward 66% of the time.
Average decline: 17%.
Break-even failure rate: 15%.
Pullbacks occur 55% of the time.
Price hits measure rule target 30% of the time.

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Interpublic Group of Companies (IPG)
Industry: Advertising
Industry RS rank: 19 out of 60
Stock RS rank: 87 out of 625
3/9/23 close: $34.25
1 Month avg volatility: $0.73. Volatility stop (for downward breakout): $36.49 or 6.5% above the close.
Change YTD: 2.82%
Volume: 2,504,600 shares. 3 month avg: 6,516,800 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe top reversal pattern from 01/30/2023 to 02/06/2023
Breakout is downward 100% of the time.
Average decline: 20%.
Break-even failure rate: 11%.
Pullbacks occur 41% of the time.
Price hits measure rule target 70% of the time.

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Manhattan Associates (MANH)
Industry: IT Services
Industry RS rank: 34 out of 60
Stock RS rank: 359 out of 625
3/9/23 close: $140.61
1 Month avg volatility: $3.29. Volatility stop (for downward breakout): $151.37 or 7.7% above the close.
Change YTD: 15.82%
Volume: 196,400 shares. 3 month avg: 726,191 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Eve and Eve reversal pattern from 02/15/2023 to 03/06/2023
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 11%.
Pullbacks occur 59% of the time.
Price hits measure rule target 73% of the time.

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Mastercard Inc (MA)
Industry: Financial Services
Industry RS rank: 28 out of 60
Stock RS rank: 236 out of 625
3/9/23 close: $354.44
1 Month avg volatility: $6.02. Volatility stop (for upward breakout): $341.88 or 3.5% below the close.
Change YTD: 1.93%
Volume: 2,403,900 shares. 3 month avg: 2,793,240 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 02/24/2023 to 03/01/2023
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

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Matrix Service Co. (MTRX)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 4 out of 60
Stock RS rank: 125 out of 625
3/9/23 close: $6.72
1 Month avg volatility: $0.38. Volatility stop (for downward breakout): $7.79 or 16.0% above the close.
Change YTD: 8.04%
Volume: 143,600 shares. 3 month avg: 303,508 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Scallop, descending continuation pattern from 02/07/2023 to 03/06/2023
WARNING: A dead-cat bounce occurred on 02/09/2023. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 05/11/2023 and a 38% chance by 08/10/2023.
Breakout is downward 66% of the time.
Average decline: 17%.
Break-even failure rate: 15%.
Pullbacks occur 55% of the time.
Price hits measure rule target 30% of the time.

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NextGen Healthcare Inc (NXGN)
Industry: Healthcare Information
Industry RS rank: 57 out of 60
Stock RS rank: 271 out of 625
3/9/23 close: $17.44
1 Month avg volatility: $0.40. Volatility stop (for downward breakout): $18.93 or 8.6% above the close.
Change YTD: -7.14%
Volume: 338,600 shares. 3 month avg: 340,109 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 02/02/2023 to 02/15/2023
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

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Old Republic International Corp (ORI)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 14 out of 60
Stock RS rank: 186 out of 625
3/9/23 close: $24.69
1 Month avg volatility: $0.41. Volatility stop (for downward breakout): $26.16 or 6.0% above the close.
Change YTD: 2.24%
Volume: 1,131,600 shares. 3 month avg: 1,253,378 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Triple top reversal pattern from 01/26/2023 to 02/28/2023
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 10%.
Pullbacks occur 61% of the time.
Price hits measure rule target 40% of the time.

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Paypal Holdings, Inc (PYPL)
Industry: Financial Services
Industry RS rank: 28 out of 60
Stock RS rank: 576 out of 625
3/9/23 close: $75.93
1 Month avg volatility: $2.29. Volatility stop (for downward breakout): $83.85 or 10.4% above the close.
Change YTD: 6.61%
Volume: 17,341,500 shares. 3 month avg: 21,592,165 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Scallop, descending continuation pattern from 02/02/2023 to 03/06/2023
Breakout is downward 66% of the time.
Average decline: 17%.
Break-even failure rate: 15%.
Pullbacks occur 55% of the time.
Price hits measure rule target 30% of the time.

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Progressive Corp (PGR)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 14 out of 60
Stock RS rank: 191 out of 625
3/9/23 close: $142.06
1 Month avg volatility: $2.22. Volatility stop (for downward breakout): $149.21 or 5.0% above the close.
Change YTD: 9.52%
Volume: 2,670,100 shares. 3 month avg: 3,017,600 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Broadening top, right-angled and ascending reversal pattern from 02/17/2023 to 03/09/2023
Breakout is downward 66% of the time.
Average decline: 15%.
Break-even failure rate: 20%.
Pullbacks occur 65% of the time.
Price hits measure rule target 32% of the time.

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Q2 Holdings Inc (QTWO)
Industry: E-Commerce
Industry RS rank: 29 out of 60
Stock RS rank: 591 out of 625
3/9/23 close: $29.77
1 Month avg volatility: $1.34. Volatility stop (for downward breakout): $34.99 or 17.5% above the close.
Change YTD: 10.79%
Volume: 649,700 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Three Falling Peaks reversal pattern from 02/02/2023 to 03/03/2023
Breakout is downward 100% of the time.
Average decline: 17%.
Break-even failure rate: 12%.
Pullbacks occur 59% of the time.
Price hits measure rule target 33% of the time.

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Science Applications International Corp (SAIC)
Industry: IT Services
Industry RS rank: 34 out of 60
Stock RS rank: 179 out of 625
3/9/23 close: $104.89
1 Month avg volatility: $1.78. Volatility stop (for downward breakout): $110.45 or 5.3% above the close.
Change YTD: -5.44%
Volume: 210,900 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Eve and Eve reversal pattern from 02/16/2023 to 03/03/2023
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 11%.
Pullbacks occur 59% of the time.
Price hits measure rule target 73% of the time.

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Scotts Miracle-Gro Co. (SMG)
Industry: Chemical (Basic)
Industry RS rank: 37 out of 60
Stock RS rank: 45 out of 625
3/9/23 close: $76.05
1 Month avg volatility: $3.09. Volatility stop (for downward breakout): $85.86 or 12.9% above the close.
Change YTD: 56.51%
Volume: 595,400 shares. 3 month avg: 327,891 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 02/16/2023 to 03/06/2023
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

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Selective Insurance Group Inc (SIGI)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 14 out of 60
Stock RS rank: 128 out of 625
3/9/23 close: $95.72
1 Month avg volatility: $2.21. Volatility stop (for downward breakout): $102.44 or 7.0% above the close.
Change YTD: 8.02%
Volume: 181,500 shares. 3 month avg: 158,554 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triple top reversal pattern from 02/07/2023 to 02/28/2023
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 10%.
Pullbacks occur 61% of the time.
Price hits measure rule target 40% of the time.

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Shopify Inc Cl A (SHOP)
Industry: E-Commerce
Industry RS rank: 29 out of 60
Stock RS rank: 29 out of 625
3/9/23 close: $43.00
1 Month avg volatility: $1.94. Volatility stop (for upward breakout): $38.85 or 9.7% below the close.
Change YTD: 23.88%
Volume: 23,283,200 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Pipe bottom reversal pattern from 02/21/2023 to 02/27/2023
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Southern Copper (SCCO)
Industry: Metals and Mining (Div.)
Industry RS rank: 2 out of 60
Stock RS rank: 9 out of 625
3/9/23 close: $73.33
1 Month avg volatility: $2.10. Volatility stop (for downward breakout): $79.89 or 8.9% above the close.
Change YTD: 21.43%
Volume: 1,307,700 shares. 3 month avg: 1,021,280 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Broadening top reversal pattern from 02/09/2023 to 03/03/2023
Breakout is downward 50% of the time.
Average decline: 15%.
Break-even failure rate: 18%.
Pullbacks occur 48% of the time.
Price hits measure rule target 37% of the time.

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Visa (V)
Industry: Financial Services
Industry RS rank: 28 out of 60
Stock RS rank: 214 out of 625
3/9/23 close: $220.01
1 Month avg volatility: $3.13. Volatility stop (for upward breakout): $213.39 or 3.0% below the close.
Change YTD: 5.90%
Volume: 5,050,000 shares. 3 month avg: 6,911,166 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 02/24/2023 to 03/01/2023
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

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Werner Enterprises, Inc (WERN)
Industry: Trucking/Transp. Leasing
Industry RS rank: 6 out of 60
Stock RS rank: 131 out of 625
3/9/23 close: $46.55
1 Month avg volatility: $1.06. Volatility stop (for upward breakout): $44.39 or 4.6% below the close.
Change YTD: 15.62%
Volume: 321,000 shares. 3 month avg: 887,242 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Broadening bottom reversal pattern from 02/14/2023 to 03/06/2023
Breakout is upward 53% of the time.
Average rise: 27%.
Break-even failure rate: 10%.
Throwbacks occur 41% of the time.
Price hits measure rule target 59% of the time.

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